ETC NAMES ADDITIONAL
DIRECTOR,
HONORS EMPLOYEES AT ANNUAL MEETING
Waukesha, WI—May
9, 2000
ETC announced its election of
Johnny R.W. Johns to the board of directors following the company’s annual
meeting of shareholders held May 5, 2000.
Johns currently serves as BellSouth
strategic accounts manager for GTE Supply and is responsible for product
standardization and measurement of economies. Previously, he managed ETC’s
sales team as vice president of sales from 1989 to 1997. Johns also served
as director, vice president-chief financial officer of the Audichron
Company, a subsidiary acquired by ETC in 1989. His educational background
includes a bachelor’s of science in industrial management as well as a
master’s in professional accountancy. Johns brings over 25 years of
experience in telecommunications, business development and financial
expertise to the Board.
"We are pleased to welcome Johnny back
to ETC on both a personal and business level. His strong knowledge of
telecom industry and our customer base is invaluable to ETC," said
President and CEO Dean Danner. "Additionally, Johnny’s educational
and managerial experience provide a solid financial background for our
board."
"I am delighted to renew my
relationship with ETC and am truly honored to serve on its board,"
said Johns. "These are exciting times for ETC. The new Emcee product
positions ETC favorably in the market and has generated increased
opportunities for the company."
Johns joins the company of ETC’s current
board of directors headed by Chairman George W. Danner. Other members
include: Dean Danner, president and chief executive officer, ETC; Peter J.
Lettenberger, partner, Quarles & Brady; A. William Huelsman, investor;
Wisconsin State Senator Joanne B. Huelsman; Richard A. Gabriel,
consultant; Hazel Danner, corporate secretary and director of human
resources, ETC; and Boni Danner, vice president, engineering, ETC.
During the annual meeting of shareholders,
several directors were acknowledged for their dedication and support of
ETC since the company’s incorporation twenty years ago. Recipients
included George W. Danner, Dean Danner, Boni Danner, Hazel Danner, A.
William Huelsman, and Joanne B. Huelsman. Additionally, Peter J.
Lettenberger was recognized for serving fifteen years on the board.
Employees honored for fifteen years of
service included Robert Spiering, vice president of technical services and
Jeffrey Nigl, vice president, treasurer, and chief financial officer. The
1999 Employee of the Year distinction was awarded to Tony Radovan,
district sales manager, for his outstanding achievements in salesmanship
and customer relations.
ETC designs, manufactures, and
services quality telecommunications products that provide network
solutions for domestic and international access providers. Headquartered
in Waukesha, Wisconsin, ETC has operations in Atlanta, Georgia and
Pleasanton, California. ETC is traded on The NASDAQ Stock Market under the
symbol ETCIA. For additional information on ETC, visit www.etcia.com.
Certain statements in this press release
which are not historical facts are "forward-looking" statements
as defined in the Private Securities Litigation Reform Act of 1995. Any
"forward-looking" statements are provided in compliance with the
"Safe Harbor" provision of the Private Securities Litigation
Reform Act of 1995. "Forward-looking" statements involve a
number of risks and uncertainties including, but not limited to,
technology changes, backlog, acquisitions, status of the economy,
governmental regulations, sources of supply, expense structure, product
mix, major customers, competition, litigation, and other risk factors
detailed in the Company’s filings with the Securities and Exchange
Commission. Investors are encouraged to consider the risks and
uncertainties included in those filings.
For additional information about ETC, visit
www.etcia.com.
Emcee is a trademark of Electronic
Tele-Communications, Inc.
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